Boingo Wireless, Inc. (NASDAQ:WIFI) insider Dawn Callahan sold 25,000 shares of Boingo Wireless stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $25.10, for a total transaction of $627,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Boingo Wireless, Inc. (NASDAQ WIFI) opened at $24.15 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.50 and a quick ratio of 0.50. Boingo Wireless, Inc. has a twelve month low of $10.46 and a twelve month high of $25.99.
Boingo Wireless (NASDAQ:WIFI) last posted its quarterly earnings results on Thursday, November 2nd. The technology company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.04. Boingo Wireless had a negative net margin of 11.75% and a negative return on equity of 23.62%. The company had revenue of $53.66 million during the quarter, compared to analysts’ expectations of $50.22 million. During the same quarter in the previous year, the business posted ($0.15) EPS. The firm’s revenue was up 31.5% on a year-over-year basis. equities research analysts forecast that Boingo Wireless, Inc. will post -0.58 earnings per share for the current fiscal year.
Large investors have recently modified their holdings of the company. Great West Life Assurance Co. Can purchased a new stake in shares of Boingo Wireless during the 3rd quarter worth approximately $114,000. Legal & General Group Plc lifted its position in shares of Boingo Wireless by 3.9% during the 2nd quarter. Legal & General Group Plc now owns 9,149 shares of the technology company’s stock worth $137,000 after buying an additional 341 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Boingo Wireless by 1.3% during the 2nd quarter. Royal Bank of Canada now owns 10,448 shares of the technology company’s stock worth $156,000 after buying an additional 135 shares during the last quarter. UBS Asset Management Americas Inc. purchased a new stake in shares of Boingo Wireless during the 1st quarter worth approximately $159,000. Finally, American Century Companies Inc. purchased a new stake in shares of Boingo Wireless during the 2nd quarter worth approximately $164,000. Institutional investors and hedge funds own 89.96% of the company’s stock.
Boingo Wireless Company Profile
Boingo Wireless, Inc is a provider of commercial mobile wireless fidelity (Wi-Fi) Internet solutions and indoor direct-attached storage (DAS) services. The Company operates as a service provider of wireless connectivity solutions across its managed and operated network and aggregated network for mobile devices such as laptops, smartphones, tablets and other wireless-enabled consumer devices.
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